Which of the following ratios measures a firm's ability to meet its current debt obligations?

Question

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Short-term solvency ratios, also called liquidity ratios, measure a firm's ability to meet its current debt obligations. They include the current ratio and the quick ratio. Long-term solvency ratios measure a firm's ability to meet its long-term debt obligations, while profitability ratios measure a firm's ability to generate profits. Activity ratios measure how efficiently a firm uses its assets, and equity ratios measure a firm's financial leverage.

Which of the Following Ratios Measures a Firm's Ability to Meet